Arnold F. answered 02/02/20
20 Yrs. Teaching History. Be prepared for the Regents or AP Exam!
Five contributions to the stock market crash of 1929 was::
Workers were underpaid and did not share in the profits of their employers.
The ability to speculate in the stock market by being able to buy shares on margin, i.e. speculation with as little as 10% in cash.
The lack of regulations of the stock market, which will not become possible until after the enactment of the law that created the Securities and Exchange Commission (SEC).
The fact that farmers were not sharing in the nation's economy due to over expansion during WWI and their borrowing of huge sums from financial institutions.
The ability of banks to use depositor's money to speculate in the stock market. That will only change after the enactment of the FDIC regulations and insurance of depositors' savings accounts..